Speeches - RBI - Reserve Bank of India
Speeches
Aug 13, 2005
Recent Developments in Forex, Money and G-Sec Markets: Account and Outlook
I. Introduction It gives me immense pleasure to address this distinguished gathering of forex professionals from all over the country. Coming to these visually beautiful surroundings, it is easy to get oblivious to the fact that this state is a large contributor of ‘invisibles’ for our balance of payments. Both tourism earnings and private remittances have had a significant impact on Kerala’s economy and the state has benefited substantially as a result of liberalisat
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
I. Introduction It gives me immense pleasure to address this distinguished gathering of forex professionals from all over the country. Coming to these visually beautiful surroundings, it is easy to get oblivious to the fact that this state is a large contributor of ‘invisibles’ for our balance of payments. Both tourism earnings and private remittances have had a significant impact on Kerala’s economy and the state has benefited substantially as a result of liberalisat
Aug 06, 2005
Micro-Finance : Reserve Bank’s Approach*
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am thankful to the organisers for giving me this opportunity to be amidst this distinguished gathering. Since Dr. Bimal Jalan, a Member of Parliament and my distinguished predecessor, is chairing the session, let me start with his role in the subject of my special address today. The earliest reference to micro-credit in a formal statement of monetary and credit policy of Reserve Bank of India (RBI) was in Dr. Bimal Jalan’s Monetary and Credit Policy Stateme
Jun 07, 2005
Globalisation of Monetary Policy and Indian Experience *
Mr. White, Mr. Turner, distinguished central bankers and friends, I welcome you all to Mumbai and the Reserve Bank of India (RBI) to this Eighth Meeting of the BIS Working Party on Monetary Policy in Asia. It is an honour for us to host this prestigious event for the central bankers. I would like to thank the BIS for extending this opportunity to the RBI. Perhaps I should share with you some background on the RBI. It is one of the oldest central banks in the developin
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Mr. White, Mr. Turner, distinguished central bankers and friends, I welcome you all to Mumbai and the Reserve Bank of India (RBI) to this Eighth Meeting of the BIS Working Party on Monetary Policy in Asia. It is an honour for us to host this prestigious event for the central bankers. I would like to thank the BIS for extending this opportunity to the RBI. Perhaps I should share with you some background on the RBI. It is one of the oldest central banks in the developin
Mar 11, 2005
The Roadmap for Fixed Income and Derivatives Market*
Friends, I am thankful to the Fixed Income Money Market and Derivatives Association of India (FIMMDA) and Primary Dealers Association of India (PDAI), the organisers, for inviting me to deliver the keynote address today. I have had the pleasure of being closely associated with FIMMDA and PDAI since their inception. Reserve Bank of India has been taking active interest in the development of fixed income markets and the role of FIMMDA is becoming increasingly important
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Friends, I am thankful to the Fixed Income Money Market and Derivatives Association of India (FIMMDA) and Primary Dealers Association of India (PDAI), the organisers, for inviting me to deliver the keynote address today. I have had the pleasure of being closely associated with FIMMDA and PDAI since their inception. Reserve Bank of India has been taking active interest in the development of fixed income markets and the role of FIMMDA is becoming increasingly important
Feb 12, 2005
Monetary Policy: An Outline*
Respected Vice-Chancellor Professor Simhadri, Professor Bhanoji Rao, Professor K.C. Reddy, and fellow-members of Andhra Pradesh Economic Association. I am thankful to the organisers for inviting me to be the President and deliver the Presidential Address. There are several reasons for my being keen to be in Visakhapatnam to deliver the Presidential Address. I commenced my career in Government of Andhra Pradesh in Visakhapatnam as Assistant Collector Under Training ove
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Respected Vice-Chancellor Professor Simhadri, Professor Bhanoji Rao, Professor K.C. Reddy, and fellow-members of Andhra Pradesh Economic Association. I am thankful to the organisers for inviting me to be the President and deliver the Presidential Address. There are several reasons for my being keen to be in Visakhapatnam to deliver the Presidential Address. I commenced my career in Government of Andhra Pradesh in Visakhapatnam as Assistant Collector Under Training ove
Jan 17, 2005
Issues in Strengthening Commercial Paper Market
I am happy to be with you today in this seminar on "Issues in Strengthening Commercial Paper Market". I am sure the seminar will bring out issues, which would be useful in further strengthening the CP market. It is worth noting that during late the 1980s, call/notice market was virtually the only segment in Indian money market. Today, we have a variety of new instruments e.g., CD, CP, Treasury bills, repo and CBLO catering to the varied needs of market participants. W
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
I am happy to be with you today in this seminar on "Issues in Strengthening Commercial Paper Market". I am sure the seminar will bring out issues, which would be useful in further strengthening the CP market. It is worth noting that during late the 1980s, call/notice market was virtually the only segment in Indian money market. Today, we have a variety of new instruments e.g., CD, CP, Treasury bills, repo and CBLO catering to the varied needs of market participants. W
Jan 08, 2005
Investing in India: Challenges and Opportunities*
I am extremely happy to be here at the Pravasi Bharatiya Divas 2005. Whether in the spirit of the traditional Indian culture of Vasudaiva Kutumbakam, or in the context of a globalised world, I would not like to treat the Pravasi Bharatiyas as distant, but close to both our hearts and the economy. We are, of course, very proud of the achievements of the Indians settled abroad. It is, therefore, only befitting that the great Indian family should meet once a year. The to
Smt. Shyamala Gopinath, Deputy Governor, Reserve Bank of India
I am extremely happy to be here at the Pravasi Bharatiya Divas 2005. Whether in the spirit of the traditional Indian culture of Vasudaiva Kutumbakam, or in the context of a globalised world, I would not like to treat the Pravasi Bharatiyas as distant, but close to both our hearts and the economy. We are, of course, very proud of the achievements of the Indians settled abroad. It is, therefore, only befitting that the great Indian family should meet once a year. The to
Aug 27, 2004
Current Concerns and Some Perspectives on Inflation*
Dear Shri Bajpaiji, Shri C. S. Rao garu, Shri Kamesam, Dr. Gulati and friends, At the outset, I am thankful to the Institute for inviting me to this function and giving the pleasure of being with you all. The programme clearly says that I have to give some concluding remarks. This makes it clear that my presence is essentially ceremonial – hand over the certificates to the bright young people and just give a few remarks, basically perhaps because the Reserve Bank of I
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Dear Shri Bajpaiji, Shri C. S. Rao garu, Shri Kamesam, Dr. Gulati and friends, At the outset, I am thankful to the Institute for inviting me to this function and giving the pleasure of being with you all. The programme clearly says that I have to give some concluding remarks. This makes it clear that my presence is essentially ceremonial – hand over the certificates to the bright young people and just give a few remarks, basically perhaps because the Reserve Bank of I
Jun 27, 2004
Financial Stability : Indian Experience
I am thankful to the BIS for inviting me to share some thoughts on financial stability issues in the Panel of four Governors. It is an honour to address the galaxy of central bankers assembled here in connection with the annual meetings of the BIS. My observations are based on the Indian experience and would focus on rebalancing of efficiency and stability in the context of financial sector reforms in India. 2. In India, we have been moving from a government-dominated
Dr. Y. V. Reddy, Governor, Reserve Bank of India
I am thankful to the BIS for inviting me to share some thoughts on financial stability issues in the Panel of four Governors. It is an honour to address the galaxy of central bankers assembled here in connection with the annual meetings of the BIS. My observations are based on the Indian experience and would focus on rebalancing of efficiency and stability in the context of financial sector reforms in India. 2. In India, we have been moving from a government-dominated
Apr 24, 2004
International Monetary and Financial Committee Statement
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
Dr. Y. V. Reddy, Governor, Reserve Bank of India
Ninth Meeting April 24, 2004Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation On behalf of Bangladesh, Bhutan, India and Sri Lanka Statement by Dr. Y.V. Reddy, Governor, Reserve Bank of India and Leader of the Indian Delegation To the International Monetary and Financial Committee(IMFC), Washington, D.C., April 24, 2004 Representing the Constituency consisting of Bangladesh, Bhutan, India and Sri Lanka Mr. Chairman The Gl
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